it is helping keep the cost of presidency down, budgeting for around 60 million euros. that is half of what was spent when the country last held the role in the 2004 -- in 2004. >> also on monday, in germany gave up its seat on the un security council after wrapping up the 2 -- two-year term as a nonmember. allies weremany's disappointed when the country abstained on a vote to authorize a no-fly zone over libya. among germany's achievements was an initiative which really -- which led to climate change being recognized as a threat to international peace and security. >> as tuesday began, people and many parts of the world celebrated start -- people in many parts of the world celebrated the start of the new year. australia had a fireworks display in sydney's famous harbor. 10 hours later, germany welcomed the new year. the country's biggest street party was held at the brandenburg gate. revelers were treated to a concert featuring big-name bands, including the pet shop boys. and in brazil, more than 2 million people saw in the new year on the famous copacabana beach in ri